NOT LISTED FOR SALE

Estimated Value: $496,711 - $592,000

4 Beds
2 Baths
1,824 Sq Ft
$293/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2019

Last sale price $345,000 $189 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,246 / mo

1 Day on Market

Highlights

  • Waterfront
  • No HOA
  • Terrazzo Flooring
  • Indialantic Elementary School Rated A-
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of December 2019

MULTIPLE OFFERS RECEVIED; HIGHEST & BEST BY 6pm, SAT, OCT 12th!! Each side is a 2 bed/1 bath/1 car gar unit; Excellent tenants--147 pays $1400/mo, 149 pays $1350/mo; New roof in 2018; Gutters 2019; Several appliances have been replaced in last few years; Each side has updated kitchens & baths; Each side has sliders off the master and kitchen to go out to a private courtyard; Indoor laundry rm on both sides and washers/dryers stay; Kids can walk to A-rated Indialantic Elem and Hoover Middle; Oversized fenced-in yard; Awesome income/investment opportunity; Steps to the ocean, shops, restaurants; Please try to give a day's notice if possible; Best time to show is between 9a.m-1pm weekdays; See agent remarks for financial info; Don't miss out--this one is priced to move quickly!!

Last Agent to Sell the Property

Karen Horak

RE/MAX Aerospace Realty License #656116 Listed on: 10/10/2019

RE/MAX Aerospace Realty

Last Buyer's Agent

Karen Horak

RE/MAX Aerospace Realty License #656116 Listed on: 10/10/2019

RE/MAX Aerospace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,980

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • Few Trees

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Additional Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Separate Meters
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 27-38-30-51-00004.0-0010.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,548
  • Gross Income $33,000
  • Net Operating Income $25,452

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,980

Year Built

Built in 1964

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-38-30-51-00004.0-0010.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3979.97
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1824.0
  • General Property Information Building Area Total3: 2400.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 1
  • Gross Scheduled Income: 33000.0
  • Income And Expenses Operating Expense: 7548.0
  • Utilities Sewer Connected: Yes
  • Utilities Separate Electric Meters: Yes
  • Utilities Separate Water Meters: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Garage Door Opener
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer Connected, Water Available, Separate Electric Meters, Separate Water Meters
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-30-51-00004.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3979.97

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7548.0
  • Income And Expenses Net Operating Income: 25452.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 2, 2019
Sold by
Albertson Robert T and Albertson Linda K
Bought by
Badolato Matthew J
Seller's Agent
Karen Horak
RE/MAX Aerospace Realty
Buyer's Agent
Karen Horak
RE/MAX Aerospace Realty
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$526,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,252
Avg. Annual Appreciation
7.13%
Original Mortgage
$258,000
Outstanding Balance
$228,129
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$306,049

Purchase Details

Closed on
Jul 2, 2018
Sold by
Brand Shawna L and Casey Debra A
Bought by
Albertson Robert T and Albertson Linda K

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 31, 2014
Sold by
Fletcher James B
Bought by
Brand Shawna L
Seller's Agent
Jack Ryals
One Sotheby's International
Buyer's Agent
Karen Horak
Wealth Management Realty
List Price
$249,000
Sold Price
$233,000
Premium/Discount to List
-$16,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
May 26, 1998
Sold by
Fletcher James B and Fletcher Katherine H
Bought by
Fletcher James B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Badolato Matthew J $345,000 Heritage Title & Escrow
Albertson Robert T $250,000 Title Security And Escrow Of
Brand Shawna L $233,000 State Title
Fletcher James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badolato Matthew J $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2019 12/02/19 Sold $345,000 -1.4% $189 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $349,900 0.0% $192 / Sq Ft
06/20/2019 06/20/19 Rented $1,400 0.0% --
05/30/2019 05/30/19 For Rent $1,400 0.0% --
06/07/2018 06/07/18 Under Contract -- -- --
04/02/2018 04/02/18 Rented $1,400 0.0% --
04/02/2018 04/02/18 For Rent $1,400 0.0% --
12/31/2014 12/31/14 Sold $233,000 -6.4% $128 / Sq Ft View Prior Sale
11/11/2014 11/11/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $249,000 -- $137 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,938 $363,700 -- --
2024 $4,773 $359,170 -- --
2023 $4,773 $346,820 -- --
2022 $4,376 $335,500 $0 $0
2021 $4,264 $291,300 $0 $0
2020 $4,127 $282,270 $120,000 $162,270
2019 $3,889 $226,670 $120,000 $106,670
2018 $3,980 $230,000 $0 $230,000
2015 $3,668 $182,000 $90,000 $92,000
2014 $3,361 $160,000 $80,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 857805

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-30-51-00004.0-0010.00

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